Sinking US economy and massaged unemployment rate (07Oct11)

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Uploaded by on Oct 7, 2011

The unemployment rate in the US is being massaged by the government, to make the economy look in a better state than it is. This is fraud, it is defrauding foreign investors that might otherwise run a mile from the sinking basket case US economy.

Recorded from Russia Today, 07 October 2011.

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  • lol at comment below. write off debt........like chinas gonna be that generous, usa owes them big time

  • Like I said, accept there's billions in debt that will never be paid, write it off and BOOM, people have money to spend again.

    Then WE need to re-connect with our power as consumers. All these companies that are built on scams, which is surprisingly most of them, don't buy from them. Find out if what they offer is legit and not exaggerated claims. Then we get an economy built on hard work, dedication and innovation that only grows.

    It won't change until our economy isn't run by del-boys.

  • America is truly destroyed because they don't have near by consumers i.e. the eurozone like we do and moreover they don't have aspiration brands like Rolls Royce & Burberry like we do. I expect China to overtake in 10 years time.

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